Over 35% of Americans have unpaid debts turned over to debt collectors, including credit cards, hospital bills, student loans, auto loans, and mortgages, totaling $11.4 trillion. The average debt handed over to collection agencies is $5,178. American households have an average of over $15,000 in credit card debt, with rewards cards having a higher interest […]
Back taxes are taxes owed from prior years that can accumulate due to various reasons. It is recommended to deal with them quickly to avoid penalties and liens. Tax agencies may offer amnesty and payment plans, but it’s best to approach them first. Filling out tax forms and hiring an accountant can help negotiate with […]